Peru’s economic activity grows 4.55% year-on-year in October

The basis for comparison is October 2020, when "a number of productive activities were suspended and others were operating with high restrictions" due to the pandemic, INEI recalled.

RIO DE JANEIRO, BRAZIL - Economic activity grew in Peru by 4.55% in October over the same month of 2020, due to a recovery in almost all sectors after overcoming the recession caused by the pandemic, the government reported Wednesday.

"National production in October 2021 registered an increase of 4.55%, sustained by the positive evolution of most sectors of the economy, except the fishing, construction, and financial sectors," the National Institute of Statistics and Informatics (INEI) said in a report.

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